South America Micro Coils Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Detachable Coils and Pushable Coils), Material (Platinum, Platinum Tungsten Alloy, and Platinum and Hydrogel), Application (Oncology, Urology, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)
Market Introduction
SAM region for the estimating the market for the micro coil consist of countries such as Brazil, Argentina, and rest of SAM. The region held smallest portion of the market in the global analysis. The market is likely to propel in the forecasted period owing to the increasing medical tourism and maximum use of the endovascular therapy. The Brazil lead the market during forecast period. As per the World Health Organization, Brazil has the best healthcare system in South America and it ranks among the top countries, across the globe. This has increased the health tourism in this country that has seen a major boom in the last few years. Brazil has always been an attractive international destination and it is world famous for its beautiful people. The rising economy of the country makes the major investments in its infrastructure and tourism, Brazilian authorities are working in the transformation and reinforcement of the country’s image by turning it into a major tourism destination. The advancement in the healthcare has boosted the utilization of the endovascular treatments and demand has grown for the endovascular products. In Brazil, joint effort from the Brazilian Stroke Society, the Scientific Department of Cerebrovascular Diseases of the Brazilian Academy of Neurology, the Brazilian Stroke Network and the Brazilian Society of Diagnostic and Therapeutic Neuroradiology has offered standard guidelines. These guidelines focus on the implications of the recent clinical trials on endovascular therapy for acute ischemic stroke. Thus, owing to the above-mentioned factors the SAM market for the Micro Coils are likely to increase in the coming future.
In case of COVID-19, SAM is highly affected, especially Brazil. Countries in Brazil, and Argentina are among the top destinations in the world for surgical procedures owing to the relatively low cost of treatments as compared to the US. The outbreak of COVID–19 have severely impacted the flow of medical services in the region. In addition, the countries are popular for medical tourism, which is also affected by the pandemic. Brazil, Argentina, Peru, Chile, Uruguay, Colombia are affected by the second wave of corona infection. Among which Brazil has registered majority of the deaths. It is expected that the region is likely to impose second restrictions, which is expected to hamper the healthcare industry in the region. Moreover, countries are significantly dependable on the US and European countries for their medical resources. However, the evolving treatment procedures and vaccination drives for the COVID19 in the region is expected to bring some positive impact on the market in the region owing to the people are opting for their routine treatments and procedures.
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Market Overview and Dynamics
The SAM micro coils market is expected to grow from US$ 37.22 million in 2021 to US$ 49.40 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Extended functionalities and technologies incorporated in new devices are expected to rise in demand for micro coils across the region. In December 2020, Terumo Corporation announced a launch of WEB Embolization System. According to the company, WEB is the first intrasaccular flow disruptor device available in the market. The device is specially designed for the treatment of brain aneurysm. Moreover, in December 2019, Kaneka Corporation launched an advanced micro coil for embolization of brain aneurysms. According to the company, the coils archive highest level of flexibility in the region. Such product introductions are estimated to offer a lucrative opportunity for SAM market growth. Some of the market players are focusing on conducting awareness programs to spread information about benefits of micro coils. Such programs are also expected to offer a favorable environment for the product demand, which will eventually drive the SAM market growth.
Key Market Segments
In terms of type, the pushable coils segment accounted for the largest share of the SAM micro coils market in 2020. In terms of material, the platinum segment held a larger market share of the SAM micro coils market in 2020. In terms of application, the others segment held a larger market share of the SAM micro coils market in 2020. Further, the hospitals segment held a larger share of the SAM micro coils market based on end user in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the SAM micro coils market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Boston Scientific Corporation, Cook Medical LLC, Johnson and Johnson Medical Devices (Depuy Synthes), KANEKA CORPORATION, Medtronic, Stryker Corporation, and Terumo Corporation.
Reasons to buy report
- To understand the SAM micro coils market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM micro coils market
- Efficiently plan M&A and partnership deals in SAM micro coils market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM micro coils market
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM Micro Coils Market Segmentation
SAM Micro Coils Market - By Type
- Detachable Coils
- Pushable Coils
SAM Micro Coils Market - By Material
- Platinum
- Platinum Tungsten Alloy
- Platinum & Hydrogel
SAM Micro Coils Market - By Application
- Oncology
- Urology
- Others
SAM Micro Coils Market - By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
SAM Micro Coils Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM Micro Coils Market - Company Profiles
- Boston Scientific Corporation
- Cook Medical LLC
- Johnson and Johnson Medical Devices (Depuy Synthes)
- KANEKA CORPORATION
- Medtronic
- Stryker Corporation
- Terumo Corporation
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Micro Coils Market – By Type
1.3.2 SAM Micro Coils Market – By Material
1.3.3 SAM Micro Coils Market – By Application
1.3.4 SAM Micro Coils Market – By End User
1.3.5 SAM Micro Coils Market – By Country
2. SAM Micro Coils Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Micro Coils Market – Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Expert Opinions
5. SAM Micro Coils Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Significantly Rising Prevalence of Cardiac Aneurysm
5.1.2 Surging Incidence of Neurovascular Diseases
5.2 Market Restraints
5.2.1 High Initial Cost
5.3 Market Opportunities
5.3.1 Growing Number of Product Approvals and Launches
5.4 Future Trends
5.4.1 Rising Demand for Minimally Invasive Procedures
5.5 Impact Analysis
6. Micro Coils Market – SAM Analysis
6.1 SAM Micro Coils Market Revenue Forecast and Analysis
7. SAM Micro Coils Market Analysis – By Type
7.1 Overview
7.2 SAM Micro Coils Market Revenue Share, by Type (2020 and 2028)
7.3 Detachable Coils
7.3.1 Overview
7.3.2 Detachable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Pushable Coils
7.4.1 Overview
7.4.2 Pushable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Micro Coils Market Analysis – By Material
8.1 Overview
8.2 SAM Micro Coils Market Revenue Share, by Material (2020 and 2028)
8.3 Platinum
8.3.1 Overview
8.3.2 Platinum: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Platinum Tungsten Alloy
8.4.1 Overview
8.4.2 Platinum Tungsten Alloy: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Platinum and Hydrogel
8.5.1 Overview
8.5.2 Platinum and Hydrogel: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Micro Coils Market Analysis – By Application
9.1 Overview
9.2 SAM Micro Coils Market Revenue Share, by Application (2020 and 2028)
9.3 Urology
9.3.1 Overview
9.3.2 Urology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oncology
9.4.1 Overview
9.4.2 Oncology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Micro Coils Market Analysis – By End User
10.1 Overview
10.2 SAM Micro Coils Market Share, by End User, 2020 and 2028, (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Ambulatory Surgical Centres
10.4.1 Overview
10.4.2 Ambulatory Surgical Centres: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
11. SAM Micro Coils Market – Country Analysis
11.1 SAM: Micro Coils Market
11.1.1 SAM: Micro Coils Market Share by Country – 2020 & 2028, (%)
11.1.2 Brazil: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
11.1.2.1 Brazil: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
11.1.2.2 Brazil Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.2.3 Brazil Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
11.1.2.4 Brazil Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.2.5 Brazil Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.3 Argentina: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
11.1.3.1 Argentina: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
11.1.3.2 Argentina Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.3.3 Argentina Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
11.1.3.4 Argentina Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.3.5 Argentina Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.4 Rest of SAM: Micro Coils Market - Revenue and Forecast to 2028 (USD Million)
11.1.4.1 Rest of SAM: Micro Coils Market - Revenue and Forecast to 2028 (USD Million)
11.1.4.2 Rest of SAM Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.4.3 Rest of SAM Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
11.1.4.4 Rest of SAM Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.4.5 Rest of SAM Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
12. Impact of COVID-19 Pandemic on SAM Micro Coils Market
12.1 SAM: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Organic Developments
13.2.1 Overview
14. Company Profiles
14.1 Terumo Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Medtronic
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Boston Scientific Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Stryker Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Cook Medical LLC
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Johnson and Johnson Medical Devices (Depuy Synthes)
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4
14.6.5 Financial Overview
14.6.6 SWOT Analysis
14.6.7 Key Developments
14.7 KANEKA CORPORATION
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 10. Rest of SAM Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of SAM Micro Coils Market, By Material – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of SAM Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of SAM Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 14. Organic Developments Done by Companies
Table 15. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Micro Coils Market Segmentation
Figure 2. SAM Micro Coils Market, By Country
Figure 3. SAM Micro Coils Market Overview
Figure 4. Pushable Coils Segment Is Expected to Grow Faster by Type Segment in SAM Micro Coils Market
Figure 5. Brazil Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. SAM PEST Analysis
Figure 7. SAM Micro Coils Market Impact Analysis of Driver and Restraint
Figure 8. SAM Micro Coils Market – Revenue Forecast and Analysis
Figure 9. SAM Micro Coils Market Revenue Share, by Type (2020 and 2028)
Figure 10. SAM Detachable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM Pushable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Micro Coils Market Revenue Share, by Material (2020 and 2028)
Figure 13. SAM Platinum: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Platinum Tungsten Alloy: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Platinum and Hydrogel: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Micro Coils Market Revenue Share, by Application (2020 and 2028)
Figure 17. SAM Urology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Oncology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Micro Coils Market Share, by End User, 2020 and 2028 (%)
Figure 21. SAM Hospitals Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Ambulatory Surgical Centers: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM: Micro Coils Market, By Key Country – Revenue (2020) (USD Million)
Figure 25. SAM: Micro Coils Market Share by Country – 2020 & 2028, (%)
Figure 26. Brazil: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
Figure 27. Argentina: Micro Coils Market- Revenue and Forecasts To 2028 (USD Million)
Figure 28. Rest of SAM: Micro Coils Market - Revenue and Forecast to 2028 (USD Million)
Figure 29. Impact Of COVID-19 Pandemic in SAM Country Markets
- Boston Scientific Corporation
- Cook Medical LLC
- Johnson and Johnson Medical Devices (Depuy Synthes)
- KANEKA CORPORATION
- Medtronic
- Stryker Corporation
- Terumo Corporation
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- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the micro coils market, as well as those hindering it
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